Digby sicced me onto this, as I have been following the Enron trials of Skilling and Lay through the Houston Chronicle. I like this view.
Ken Lay delegates failures, but is responsible for successes. Just ask him. And his view of Skilling? Skilling is the hands-on technical guy who knows what is going on. Ken was unaware of the criminal activities of Andrew Fastow (hired by Skilling) and Skilling. How could the affable Ken Lay be responsible for the collapse of Enron?
Yeah, well maybe Ken Lay knew and isn't admitting it. Or maybe he just didn't do the job he was being (over)paid for. Enron was rife with criminality, and Ken Lay was the man responsible.
He either knew what was going on, or he allowed himself to be duped and overpaid to be the figurehead. Either way, he is guilty as Hell.
Sure Andrew Fastow was a crook, but the guys he worked for let him be. Lay and Skilling are as responsible has Fastow was.
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